Kwick Forensic Solutions SME IPO GMP Today and Subject 2 Price
Kwick Forensic Solutions SME IPO Grey Market Premium (GMP) today stands at ₹ 0, indicating cautious or neutral market sentiment ahead of listing. The Kostak rate is currently not available, while the Subject to Sauda price is quoted at currently not available. You can check the day-wise GMP trend below to track price movement and investor sentiment over time.
Kwick Forensic Solutions SME IPO is scheduled to open for subscription on August 27, 2026. The public issue aims to raise around TBA and is offered in a price band of TBA per share, with a market lot of TBA shares. Investors are closely watching subscription data and grey market trends ahead of the listing.
Table of Contents
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| No GMP history available yet. | |||||
Kwick Forensic Solutions SME IPO Dates
| Event | Date |
|---|---|
| Open Date | 27 Aug, 2026 |
| Close Date | 31 Aug, 2026 |
| Allotment Date | 01 Sep, 2026 |
| Refund Date | 02 Sep, 2026 |
| Credit to Demat | 02 Sep, 2026 |
| Listing Date | 03 Sep, 2026 |
Kwick Forensic Solutions SME IPO Expected Listing Price
| Basis | Value |
|---|---|
| Issue Price (Upper Band) | TBA |
| Current GMP | ₹ 0 |
| GMP-Based Listing Estimate | Not yet available |
| Listing Date | 03 Sep, 2026 |
Disclaimer: The listing price estimate above is based purely on the current grey market premium (GMP) and is not a guaranteed prediction. GMP is an unofficial, unregulated indicator and can change significantly in the 24–48 hours before listing. Do not make investment decisions based solely on GMP.
Is Kwick Forensic Solutions SME IPO GMP Reliable?
Grey market premium for Kwick Forensic Solutions SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Kwick Forensic Solutions SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Kwick Forensic Solutions SME IPO IPO Kostak Rate Explained
The Kostak rate for Kwick Forensic Solutions SME IPO is currently not active. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price has not been quoted yet. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Kwick Forensic Solutions SME IPO
On the product side it sells forensic and physical evidence kits, including fingerprint kits, footprint and impression kits, evidence collection kits, ballistics kits and crime scene documentation equipment. It supplies Mobile CSI vehicles, which are fully equipped forensic vans and mobile laboratories, and even motorcycles fitted with scientific kits. It also sells cyber and digital forensic tools used to take out, preserve and study digital evidence from mobiles and computers, and DNA forensic products such as DNA sample collection kits and genetic analysers. On the service side it rents out handheld scanners.
Its customers are mainly government bodies, including police stations, state and central forensic laboratories, fingerprint bureaus, crime investigation departments, police training academies and universities that teach forensic science. Most sales are made through the Government e-Marketplace and other government portals, along with direct quotations and referrals. It has tie ups with global suppliers including Sirchie of the USA, Thermo Fisher Scientific, Invitrogen and Rapiscan Systems.
Strengths & Risks
Strengths
- ✓ Sales have grown fast, from Rs 20.40 crore in FY2023 to Rs 30.26 crore in FY2024 and Rs 65.08 crore in FY2025.
- ✓ Profit after tax grew from Rs 1.74 crore in FY2023 to Rs 2.83 crore in FY2024 and Rs 8.56 crore in FY2025.
- ✓ The company carries very little debt. Total borrowing was Rs 3.26 crore against a net worth of Rs 27.90 crore as on 31 March 2025.
- ✓ It works in a niche area. Forensic equipment is a specialised field with fewer suppliers than general trading lines.
- ✓ It has tie ups with established global names including Sirchie of the USA, Thermo Fisher Scientific, Invitrogen and Rapiscan Systems.
- ✓ Its customers are government bodies such as police departments and forensic laboratories, where payment risk is low even if payment is slow.
- ✓ Demand is supported by the push to modernise policing and by forensic evidence requirements under the new criminal laws.
- ✓ It earns from both product sales and equipment rentals rather than from one stream only.
Risks
- ⚠ The price band, issue size and lot size for this issue have not been announced yet, so the valuation cannot be judged at this stage.
- ⚠ The financial data available is only up to FY2025, ending 31 March 2025, so there is no FY2026 figure for an issue opening in August 2026.
- ⚠ Almost the whole business depends on government buyers. Government orders come through tenders, are lumpy and can be delayed or cancelled by budget decisions.
- ⚠ Selling mainly through the Government e-Marketplace means competing largely on price, which puts pressure on margin.
- ⚠ The company depends on tie ups with foreign suppliers such as Sirchie, Thermo Fisher Scientific and Rapiscan. If any of these arrangements ends, the product range would be affected.
- ⚠ A large part of the business is reselling imported equipment, which brings currency risk and import dependence.
- ⚠ Government customers usually pay slowly, which blocks working capital. The stated object of the issue is Rs 48 crore for working capital, which shows how much money the business ties up.
- ⚠ This is an SME issue, and SME shares usually trade in low volume after listing.
Frequently Asked Questions about Kwick Forensic Solutions SME IPO
What is the GMP of Kwick Forensic Solutions SME IPO?
The current Grey Market Premium (GMP) of Kwick Forensic Solutions SME IPO is not yet started or active in the market.
What is the Kostak Price of Kwick Forensic Solutions SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Kwick Forensic Solutions SME IPO is currently not available.
What is the Subject to Sauda Price of Kwick Forensic Solutions SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What is the expected listing price of Kwick Forensic Solutions SME IPO based on GMP?
The listing price estimate is not yet available as GMP has not been established for Kwick Forensic Solutions SME IPO. Check back closer to the subscription date.
Is the GMP of Kwick Forensic Solutions SME IPO increasing or decreasing?
The GMP of Kwick Forensic Solutions SME IPO is currently stable. Track the day-wise GMP table above for the latest movement.
Explore Kwick Forensic Solutions SME IPO Further
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